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| | HSBC Chases Profit in Iran, Nations U.S. Says Sponsor Terrorism (Site not responding. Last check: 2007-11-07) |
 | | HSBC is doing business in other countries that the U.S. says sponsor terrorism, including Libya, Sudan and Syria, through direct and indirect ties, according to bank documents and interviews with executives. |
 | | HSBC USA is the 10th-largest U.S. bank by assets, and the U.S. unit includes the former New York-based Republic New York Corp., which was bought in 1999 from the late billionaire Edmond Safra, and Buffalo, New York-based Marine Midland Banks Inc., of which HSBC bought 51 percent in 1980 and the rest in 1987. |
 | | HSBC's history in the Middle East goes back to 1889, when Paul Julius Reuter, creator of the eponymous news service, founded the Imperial Bank of Persia, having obtained a 60-year banking concession from the Shah, according to an HSBC company history. |
| www.aztreasury.gov /nws053105.shtml (3476 words) |
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